Edrington Leases 25390 Square Feet At 27 W 23rd St New York From Rosen Group
27 W 23rd St, New York, NY, 10010
Building Size
25,390 SF
Asset Type
Office
Closing
Oct 4, 2017
About this deal
AI
The property involved in this lease transaction is located at 27 W 23rd St, New York, NY, 10010. It is situated in the New York market and has a total square footage of 25,390 square feet, with a rental rate of $65 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 27 W 23rd St, New York, NY, 10010
- Market: New York
- Tenant: Edrington
- Landlord: Rosen Group
- Tenant's Rep: Greg Flood-Isaacs and Company, Joel Isaacs
- Landlord's Rep: Daniel Breiman
The deal features notable representatives from both the tenant and landlord sides. Greg Flood-Isaacs and Company, led by Joel Isaacs, represents the tenant, Edrington, while the landlord, Rosen Group, is represented by Daniel Breiman.
On the Map
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93